During Wednesday's European deals, the South African rand soared to a near 4-week high of 7.5271 versus its U.S. counterpart. Presently, the greenback-rand pair is worth 7.5341, compared to Tuesday's New York session close of 7.6013.

US Dollar vs ZAR (FX:USDZAR)
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US Dollar vs ZAR (FX:USDZAR)
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